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Need for Black and Hispanic Real Estate Developers
As I was catching up on some research for the next Real Talk call, I came across a few articles that I wanted to share. We’re approaching the end of the first quarter of business for 2023. Tomorrow is the official first day of Spring, and unofficially, the start of when home sales start to really ramp up across the country. Housing inventory remains tight and affordable housing opportunities for many people are becoming tricky to find. With that said, The New York Times recently spotlighted the need for more Black and Hispanic real estate developers within the industry. There are a lot of properties that will need more than cosmetic changes before it can be sold or rented. And with that, a potential for investing opportunities for savvy investors. Take a read of the article and the link to the interactive report for the need for more Black and Hispanic developers, and the hurdles the current developers face within the industry.
https://reports.groveimpact.org/breaking-the-glass-bottleneck/
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1 Reply
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@Paul Bodley Thanks for sharing!
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